Analysis

  • Rate of decline in used car
    finance outpaced that of new car finance, continuing the trend
    identified in March.
  • Value of advances in used and
    new categories now almost equal after March’s new plate
    boom.
  • Business purchases on finance
    plunged in April, despite SMMT stats showing overall fleet and
    business registrations being up significantly
    year-on-year.
  • 12 month moving total still up for consumer finance
    purchases in both new and used sectors.

Table showing cars bought on finanve through dealerships and by business

FLA cars bought graphic

GlobalData Strategic Intelligence

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By GlobalData